Tankless Water Heater Vs Electric Tank Water Heater

Tank water heater can be quite straightforward once you go through the basics.

Tankless water heater vs electric tank water heater. However depending on your local electric utility s billing policy the tankless may be much more expensive to operate. Storage tank water heaters operate more simply than a tankless water heater which means there maintenance and repair costs are less. With the gas tankless water heater it may have an even pricier installation cost. We rated the annual energy consumption cost excellent for a gas.

This energy star certified titan of a tank delivers up to 72 gallons of hot water per hour dependent on tank capacity which is a rate much faster than the normal electric water heater. Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price. This gives you at least 8 gpm or more compared to the electric 3 to 8 gpm it normally provides. Longer useful lives than storage tank water heaters.

All else being equal the tankless unit will use less kwh electricity than the unit with the tank because the tankless does not spend energy keeping hot water on standby. The reason is demand charge. You ve figured out that a tankless water heater will be much more efficient cheaper to run and longer lasting than one with a tank. Still the decision process is far from over.

Tankless water heaters typically last 20 to 30 years double the forecasted useful life of a storage tank water heater. The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more. Deciding on a tankless vs. Electric tankless water heaters still save homeowners around 44 per year according to the us department of energy.

The simplicity of the storage tank water heater makes for lower cost repairs when they stop functioning properly.